Covid-19 UK Furlough scheme ends with 1.6million workers facing redundancy

1 Views
Published
Coronavirus latest: MILLIONS of workers who are still receiving Covid emergency wage support are facing uncertainty as the government's furlough scheme ends today.

The wage support scheme has helped bosses who have struggled during the pandemic to continue paying their staff, but there are now warnings of job losses once the payments end.

Chancellor Rishi Sunak unveiled the coronavirus job retention scheme, known as furlough, at the start of the coronavirus outbreak in March 2020.

The idea was that the government would support companies hit by the pandemic and lockdowns, meaning bosses could get help paying salaries and staff could keep their jobs even if the business was unable to open.

Almost 9 million workers were furloughed in May 2020 and this has now dropped to 1.6 million.

The idea was that employers would apply for help from HMRC to pay 80% of staff wages, up to £2,500 a month.

This was initially fully covered by the Government, but companies had to start contributing 10% in July and 20% in August.

Mr Sunak has rejected calls to extend the furlough end date.

Continue reading
Furlough ends TODAY with 1.6million workers facing redundancy
https://www.thesun.co.uk/money/16287655/furlough-ends-today-with-1-6million-facing-redundancy/

When does the furlough scheme end and what happens next?
https://www.thesun.co.uk/money/11541429/when-furlough-scheme-end-date-what-happens-next/

Nine big financial changes happening this week – and how they will affect you
https://www.thesun.co.uk/money/16256042/nine-financial-changes-this-week-affect-you/

Last day to apply for free school meals and bills help worth up to £1,500
https://www.thesun.co.uk/money/16132981/covid-local-support-grant-end-deadline/

What are my rights if I’m made redundant, including holiday, pension, and pay?
https://www.thesun.co.uk/money/15831691/redundancy-rights-explained-holiday-pension-pay/

The Sun newspaper brings you the latest breaking news videos and explainers from the UK and around the world

Become a Sun Subscriber and hit the bell to be the first to know

Read The Sun: http://www.thesun.co.uk
Like The Sun on Facebook: https://www.facebook.com/thesun/
Follow The Sun on Twitter: https://twitter.com/TheSun
Subscribe to The Sun on Snapchat: https://www.snapchat.com/discover/The_Sun/1633225139
#Furlough #Covid #Jobs
Category
Job
Be the first to comment